Title :
Reliability assessment and performance based incentives of power distribution systems
Author :
Yahav, Kobi ; Oron, Gideon ; Young, Warren
Author_Institution :
Israel Electr. Corp., Beer-Sheva, Israel
Abstract :
A new method for reliability assessment and performance based incentives of power distribution systems is presented. The reliability estimation is based on a Monte-Carlo simulation of the system average interruption duration index (SAIDI). The normal distribution resulting from the simulation is used as a base for a performance based incentives scheme. In order to create an applicable model for supervisory agencies, a set of tools are used to transform geographical and operational parameters to reliability variables which are used by the simulation. The new approach is demonstrated on a case study and aggregated to the entire distribution system of the Israel Electric Corporation (IEC).
Keywords :
Monte Carlo methods; incentive schemes; power distribution reliability; Israel Electric Corporation; Monte-Carlo simulation; normal distribution; performance based incentives scheme; power distribution systems; reliability assessment; system average interruption duration index; Cost function; Exponential distribution; Gaussian distribution; IEC; Incentive schemes; Maintenance; Power distribution; Power system modeling; Power system reliability; Power system simulation; Performance based incentives; power distribution; power system reliability; reliability estimation;
Conference_Titel :
Electrical and Electronics Engineers in Israel, 2008. IEEEI 2008. IEEE 25th Convention of
Conference_Location :
Eilat
Print_ISBN :
978-1-4244-2481-8
Electronic_ISBN :
978-1-4244-2482-5
DOI :
10.1109/EEEI.2008.4736692
